2min chapter

Coin Stories with Natalie Brunell cover image

Sam Callahan: What You Need to Know About GBTC and the Crypto Contagion

Coin Stories with Natalie Brunell

CHAPTER

GPTC Is the Most Important Subsidiary of DCG.

GPTC is an absolute cash cow for grayscale and subsequently DCG. They charge about a 2% management fee on the underlying Bitcoin of that trust. So they've made about $900 million in revenue since the beginning of 2021 just on that fee alone. And so this to understand why a lot of this crypto contagion starts with GPTC, it's really important to go into the weeds about how it actually functions.

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